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The Central Bank new individual accountability Framework

EPISODE · Nov 22, 2023 · 12 MIN

The Central Bank new individual accountability Framework

from Breakfast Business with Joe Lynam

Last week we spoke to the Central Bank of Ireland about its new individual accountability Framework which will place far more personal responsibility on company directors for wrongdoing within their businesses.  The new rules stem from the fact that very few people went to jail after the financial crisis which drove the rest of the country to the brink of financial ruin.  To discuss these new rules, Joe was joined on the show by Patricia Callan the chief executive of Financial Services Ireland, and  David Naughton who is with the law firm LK Shields. 

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The Central Bank new individual accountability Framework

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